How 300,000 Yuan and Shark's Fin Soup Can Buy IPO Approval
China's Securities Regulatory Commission
(Beijing) – Near the China Securities Regulatory Commission's (CSRC) headquarters in western Beijing is a nice restaurant where seafood delicacies such as shark's fin soup are served and tabs can run to 1,000 yuan per person.
However, much higher sums are discussed over expensive dishes of abalone and sea cucumber at the restaurant, which is popular with IPO applicants who want to dine with CSRC officials.
- Hidden Anguish
- In Friday's Papers: IBM Workers Strike over Lenovo Deal; Ordos Will Stop Building Homes, Mayor Says
- A French Revolution, Please!
- Lianghui Quotes：March 7
- Egypt's Road to Rejuvenation Is Opening, Veteran Diplomat Says
- Scaffold Collapse
- The Siege of Tsingtao
- The Celestials
- Jilted U.S. Investors and Debtors on the Run
- Lianghui Quotes: March 6
- Sign up to receive our free daily newsletter
- Eyes on the Prize
- Electric Car Charging Stations Powering Down
- Zhou Family Was Influential in Jiangsu City before Corruption Inquiry
- The Logic of the Left in China
- Yuan Won't Overtake Dollar until Changes Are Made, Economist Says
- Caixin Explains: The 'Lianghui' Meetings
- From Tycoon to Target
- Gary Locke Expresses Optimism for Future of Sino-U.S. Ties
- Closer Look: So Who Stops a Run on Yu E Bao Accounts?
- China to Grow at 7.5 Pct and Focus on Reforms, Premier Says